AFD_REGISTRATION_DOCUMENT_2017

1 PRESENTATION OF AFD

Activities of agence française debdeveloppement group in 2017

€19M and EU subsidy of €3M), a loan to the Indian government to support implementation of the national Smart Cities programme (sovereign loan of €100M and EU subsidy of €6M), a loan in China to finance heritage protection and urban renewal in the ancient city of Qixian (sovereign loan of €70M). The agriculture and food safety sector remained at a constant 10% with an increase in volume of €73M. Of note is the fact that the €400M commitment target of the “Food Safety in Sub- Saharan Africa” strategy was partially met in 2017bwith €380M approved, over 40% of which for Sahel. The environment and natural resources sector was down significantly, with its share in total activity falling from 8% in 2016bto 2% in 2017, following an initial 6% drop between 2015band 2016. The reason for this was that, unlike in previous years, no

budget support or projects for this sector were approved in the emerging countries (China, Mexico, Turkey). We should however point out that AFD mobilised financing allocated from the multi- backer Central Africa Forest Initiative (CAFI) fund is not included in this scope. Finally, the education and vocational training sector fell significantly by 4% from 6% to 2%. This can be explained by the fact that operations initially planned for 2017bwere postponed to 2018. 2017bwas a transition year which saw the adoption of a new Education-Training-Employment 2017-2020 strategy, which culminated in the creation of “Higher Education”, “Employment” and “Agricultural and Rural Training” roadmaps. It is anticipated that operations in the education sector, particularly in Sub- Saharan Africa, will pick up again in financial year 2018.

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REGISTRATION DOCUMENT 2017

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